Sowell Financial Services LLC Acquires 1,701 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Sowell Financial Services LLC grew its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 15.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,625 shares of the company’s stock after buying an additional 1,701 shares during the quarter. Sowell Financial Services LLC owned 0.06% of Invesco S&P MidCap Momentum ETF worth $1,560,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Sanctuary Advisors LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF during the 3rd quarter worth approximately $318,000. JPMorgan Chase & Co. lifted its position in shares of Invesco S&P MidCap Momentum ETF by 4,307.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 59,680 shares of the company’s stock worth $7,181,000 after buying an additional 58,326 shares in the last quarter. Truist Financial Corp bought a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth approximately $307,000. Mutual Advisors LLC lifted its position in shares of Invesco S&P MidCap Momentum ETF by 17.5% during the 4th quarter. Mutual Advisors LLC now owns 2,598 shares of the company’s stock worth $335,000 after buying an additional 386 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of Invesco S&P MidCap Momentum ETF by 5.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 13,008 shares of the company’s stock worth $1,565,000 after buying an additional 673 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Down 2.9 %

Invesco S&P MidCap Momentum ETF stock opened at $112.48 on Tuesday. Invesco S&P MidCap Momentum ETF has a 52 week low of $105.77 and a 52 week high of $137.14. The company’s 50 day moving average price is $126.00 and its two-hundred day moving average price is $124.78. The stock has a market cap of $3.51 billion, a P/E ratio of 19.06 and a beta of 1.03.

Invesco S&P MidCap Momentum ETF Company Profile

The Invesco S&P MidCap Momentum ETF (XMMO) is an exchange-traded fund that is based on the S&P MidCap 400 Momentum (USD) index. The fund tracks an index of S&P 400 MidCap stocks selected by momentum and weighted by market cap and momentum. XMMO was launched on Mar 3, 2005 and is managed by Invesco.